Category: crypto

Tether is partnering with video streaming platform Rumble to promote its new USAT stablecoin in the U.S. market. Rumble’s 51 million users will have access to a crypto wallet featuring USAT and other tokens. This move is part of Tether’s strategy to re-enter and compete in the U.S. stablecoin market.

The Binance team regained control of the BNB Chain X account after a hacker stole $8,000 and used the funds to pump a meme coin called “4,” causing its price to surge by 500%. Former CEO CZ claimed the community mocked the hacker by buying the meme coin. The hacker rug-pulled the tokens for a…

Crypto miners are seeking to utilize Brazil’s surplus of clean energy without straining the grid. Companies like Tether are looking to leverage the excess power from wind and solar sources in the country. This surplus energy has been generated due to government subsidies, leading to potential partnerships between mining firms and Brazilian power companies.

ZORA token will face its first major vesting unlock on Oct. 23, releasing 166.67 million tokens into the market. This release puts pressure on the price, which is already in a downtrend. The price is at risk of declining towards $0.035. The unlock will distribute tokens to Treasury, Investors, and Team wallets.

The BNB Chain hack compromised the project’s official X account with phishing links that led to $13,000 in stolen funds. The account has been restored, and affected users will be compensated. Binance Coin (BNB) price remains stable at $1,030. BNB Chain is strengthening security to prevent future incidents.

Argentum AI raised new capital from an oversubscribed round led by Kraken to create a decentralized network allowing anyone to monetize idle processing power. The platform supports AI training, 3D rendering, and more, emphasizing collaboration between humans and AI. It uses blockchain for real-time bidding and settlement of computational tasks.

US stocks opened lower today as the government shutdown weighed on Wall Street. The ADP private payrolls report showed a decline of 32,000 jobs in September. Gold and Bitcoin prices surged as safe-haven assets gained popularity. The dollar slipped, contributing to the rise in gold and Bitcoin prices.

Spacecoin completed the first blockchain transaction through space using a nanosatellite. The transaction traveled from Chile to Portugal, validating on the blockchain. This achievement demonstrates the potential for decentralized financial transactions in regions without reliable internet and strengthens blockchain’s resistance to censorship. Spacecoin plans to launch more satellites for cross-satellite communication.

VisionSys AI plans to invest $2 billion in a Solana treasury, starting with a $500 million staking allocation through Marinade Finance over six months. The Nasdaq-listed company is shifting focus from AI and biotech to blockchain reserves, joining other firms holding 20.9 million SOL tokens in corporate treasuries.

CEX.IO exchange’s report shows increasing adoption of stablecoins, with bots dominating transaction volumes. Retail stablecoin use has hit a record high and is expected to surpass $60 billion by the end of 2025. USDC leads in volume, followed by Tether. Bot activity has increased significantly, raising concerns about trading practices.